The Global Thermal Conductive Gel Market was valued at USD 622.5 Million in 2024 and is projected to reach USD 1.12 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 10.5% during the forecast period (2024–2030). This robust growth is fueled by the relentless miniaturization of electronics, the global expansion of 5G infrastructure, and the surging demand for high-performance cooling solutions in electric vehicles, data centers, and consumer electronics.

As electronic devices become more powerful and densely packed, effective thermal management is no longer optional—it’s critical for performance, reliability, and longevity. In this landscape, thermal conductive gels play a pivotal role as high-performance thermal interface materials (TIMs). In this blog, we profile the Top 10 Companies in the Thermal Conductive Gel Industry—industry titans and innovative specialists who are setting the standard for thermal management solutions worldwide.

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🔟 1. Dow Corning (now part of Dow Inc.)

Headquarters: Midland, Michigan, USA
Key Offering: Silicone-based Thermal Conductive Gels (e.g., TC-3010, TC-3022)

Dow Corning, a pioneer in silicone technology, is a dominant force in the thermal management materials market. Its thermal gels are renowned for their exceptional stability, low thermal resistance, and long-term reliability under harsh conditions, making them a preferred choice for automotive, aerospace, and high-power industrial applications.

Innovation & Market Position:

• Leading portfolio of high-performance, silicone-based formulations

• Strong focus on materials for electric vehicle power electronics and battery systems

• Global manufacturing and R&D capabilities supporting custom solutions

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9️⃣ 2. Henkel AG & Co. KGaA

Headquarters: Düsseldorf, Germany
Key Offering: Loctite® Thermal Conductive Gels, Bergquist® Gap Filler Gels

Henkel is a global leader in adhesives and functional coatings, with a formidable presence in thermal management through its Loctite and Bergquist brands. The company offers a wide array of gels designed for automated dispensing, providing efficient heat dissipation in applications from smartphones to cloud servers.

Innovation & Market Position:

• Comprehensive solutions catering to both high-volume consumer electronics and specialized industrial sectors

• Significant investment in R&D for下一代 high-thermal-conductivity materials

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8️⃣ 3. Laird Performance Materials

Headquarters: St. Louis, Missouri, USA (Globally headquartered in London, UK)
Key Offering: Tputty™ thermal gels, Tgrease™ series

Laird Performance Materials specializes in electromagnetic interference (EMI) shielding and thermal management solutions. Its thermal gels are engineered to provide superior heat transfer in compact spaces, which is critical for 5G infrastructure, IoT devices, and advanced computing.

Innovation & Market Position:

• Expertise in integrating thermal and EMI management solutions

• Strong focus on materials with high reliability and ease of application

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7️⃣ 4. Parker Hannifin Corporation (Chomerics Division)

Headquarters: Cleveland, Ohio, USA
Key Offering: CHO-THERM® Thermally Conductive Gel

Parker Hannifin’s Chomerics division is a key player in EMI shielding and thermal interface materials. Its CHO-THERM gels are designed to fill large gaps and conform to irregular surfaces, providing effective thermal pathways in demanding environments like military, aerospace, and telecommunications equipment.

Innovation & Market Position:

• Materials designed for extreme environmental stability and performance

• Leadership in supplying mission-critical and high-reliability sectors

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6️⃣ 5. Sekisui Chemical Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: SIGEL silicone-based thermal conductive gels

Sekisui Chemical is a major Japanese chemical company with a strong focus on high-performance polymers. Its thermal gel products are widely used across Asia in the automotive electronics and consumer appliance sectors, prized for their consistent quality and performance.

Innovation & Market Position:

• Strong market presence in the Asia-Pacific region, particularly in automotive supply chains

• Continuous development of gels with higher thermal conductivity and improved processability

Download FREE Sample Report:
Thermal Conductive Gel Market – View in Detailed Research Report

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5️⃣ 6. Honeywell International Inc.

Headquarters: Charlotte, North Carolina, USA
Key Offering: Honeywell Thermal Interface Gels

Honeywell leverages its advanced materials science expertise to produce high-performance thermal gels. These materials are often specified in applications where operational longevity and performance under thermal cycling are paramount, such as in industrial motor drives and power conversion systems.

Innovation & Market Position:

• Focus on materials that withstand prolonged high-temperature exposure

• Integration of thermal management solutions into broader industrial and aerospace systems

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4️⃣ 7. DuPont de Nemours, Inc.

Headquarters: Wilmington, Delaware, USA
Key Offering: DuPont™ Thermal Gels and Greases

DuPont is a material science giant with a long history of innovation. Its thermal management portfolio includes gels that offer excellent thermal conductivity and electrical insulation, making them ideal for protecting sensitive semiconductor components in computing and automotive electronics.

Innovation & Market Position:

• Extensive R&D resources dedicated to next-generation electronic materials

• Strategic focus on sustainability and developing environmentally preferable formulations

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3️⃣ 8. Shin-Etsu Chemical Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Silicone-based thermal conductive gels

As one of the world’s largest silicone manufacturers, Shin-Etsu possesses a fundamental advantage in the thermal gel market. The company produces high-purity silicone polymers that form the base for its high-performance thermal interface gels, which are supplied to major electronics manufacturers globally.

Innovation & Market Position:

• Vertical integration from raw silicone to finished specialty chemical products

• Reputation for exceptional product consistency and purity

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2️⃣ 9. Wacker Chemie AG

Headquarters: Munich, Germany
Key Offering: SEMICOSIL® thermally conductive gels and encapsulation compounds

Wacker is a leading global chemical company with a strong focus on silicone chemistry. Its SEMICOSIL product line includes gels specifically formulated for the protection and thermal management of power semiconductors, sensors, and LED modules.

Innovation & Market Position:

• Specialization in silicone elastomers for demanding electronic applications

• Growing emphasis on materials for the electric mobility and renewable energy sectors

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1️⃣ 10. Momentive Performance Materials Inc.

Headquarters: Waterford, New York, USA
Key Offering: Silicone-based thermal gels and adhesives

Momentive is a global leader in silicones and advanced materials. The company’s thermal gels are designed to offer low thermal impedance and excellent mechanical properties, making them suitable for a wide range of applications from consumer electronics to industrial automation systems.

Innovation & Market Position:

• Broad product portfolio serving diverse industrial and electronic markets

• Commitment to developing sustainable and high-performance material solutions

Get Full Report Here:
Thermal Conductive Gel Market – View in Detailed Research Report

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🌡️ Outlook: The Future of Thermal Conductive Gels is Smarter and More Integrated

The thermal conductive gel market is evolving rapidly, driven by the unrelenting push for higher power densities and more compact electronic designs. The future lies not just in higher thermal conductivity numbers, but in smarter, more application-specific solutions that address manufacturing, reliability, and sustainability concerns.

📈 Key Trends Shaping the Market:

• Rise of Electric and Autonomous Vehicles: Increased demand for gels that manage heat in high-power battery packs, inverters, and onboard computing systems.

• Proliferation of 5G and IoT: Need for effective thermal management in densely packed communication base stations and myriad connected devices.

• Advancements in Data Centers: Development of gels for next-generation servers and AI accelerators that generate immense heat in compact footprints.

• Sustainability and Regulatory Compliance: Growing focus on non-silicone alternatives, bio-based materials, and compliance with regulations like REACH and RoHS.

Get Full Report Here:
Thermal Conductive Gel Market – View in Detailed Research Report

The companies listed above are at the forefront of this critical industry, developing the advanced materials that keep our electronic world running cool and reliably. Their innovations are directly enabling the next wave of technological progress.